During the last session, Sharecare Inc (NASDAQ:SHCR)’s traded shares were 2.48 million, with the beta value of the company hitting 0.28. At the end of the trading day, the stock’s price was $0.68, reflecting an intraday gain of 3.67% or $0.02. The 52-week high for the SHCR share is $1.80, that puts it down -164.71 from that peak though still a striking 29.41% gain since the share price plummeted to a 52-week low of $0.48. The company’s market capitalization is $243.83M, and the average intraday trading volume over the past 10 days was 4.1 million shares, and the average trade volume was 1.42 million shares over the past three months.
Sharecare Inc (NASDAQ:SHCR) trade information
Sharecare Inc (SHCR) registered a 3.67% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 3.67% in intraday trading to $0.68, hitting a weekly high. The stock’s 5-day price performance is -18.96%, and it has moved by -26.80% in 30 days. Based on these gigs, the overall price performance for the year is -53.42%. The short interest in Sharecare Inc (NASDAQ:SHCR) is 6.93 million shares and it means that shorts have 6.05 day(s) to cover.
Sharecare Inc (SHCR) estimates and forecasts
Statistics show that Sharecare Inc has outperformed its competitors in share price, compared to the industry in which it operates. Sharecare Inc (SHCR) shares have gone down -24.66% during the last six months, with a year-to-date growth rate more than the industry average at 90.00% against 13.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 20.00% this quarter and then jump 20.00% in the quarter after that. In the rating firms’ projections, revenue will increase 1.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $101.33 million as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to $102.71 million by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $116.3 million and $110.35 million respectively. In this case, analysts expect current quarter sales to shrink by -12.90% and then drop by -6.90% in the coming quarter.
While earnings are projected to return -170.00% in 2024.
SHCR Dividends
Sharecare Inc is due to release its next quarterly earnings on March 13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Sharecare Inc (NASDAQ:SHCR)’s Major holders
Sharecare Inc insiders own 9.83% of total outstanding shares while institutional holders control 47.48%, with the float percentage being 52.65%. Blackrock Inc. is the largest shareholder of the company, while 175 institutions own stock in it. As of Jun 29, 2023, the company held over 22.68 million shares (or 6.35% of all shares), a total value of $39.69 million in shares.
The next largest institutional holding, with 16.27 million shares, is of Vanguard Group Inc’s that is approximately 4.56% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $28.47 million.
Also, the Mutual Funds coming in first place with the largest holdings of Sharecare Inc (SHCR) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. Data provided on Jun 29, 2023 indicates that Vanguard Total Stock Market Index Fund owns about 8.87 million shares. This amounts to just over 2.48 percent of the company’s overall shares, with a $15.53 million market value. The same data shows that the other fund manager holds slightly less at 7.03 million, or about 1.97% of the stock, which is worth about $6.67 million.
